CADIZ Inc. (CDZIP) Financial Statements (2026 and earlier)

Company Profile

Business Address 550 SOUTH HOPE STREET
LOS ANGELES, CA 90071
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4941 - Water Supply (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,59917,2924,5029,99710,9657,290
Cash and cash equivalent8,59917,2924,5029,99710,9657,290
Restricted cash and investments    1,2881,288 
Receivables5,6134,58690445427055
Inventory, net of allowances, customer advances and progress billings1,1383,0202,106   
Inventory1,1383,0202,106   
Other undisclosed current assets701888508696691691
Total current assets:16,05125,7868,02012,43513,2148,036
Noncurrent Assets
Operating lease, right-of-use asset3,3943,7464315533,281 
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization95,38488,36287,21784,13878,89053,481
Long-term investments and receivables     9761,354
Long-term investments     9761,354
Intangible asset, including goodwill, after accumulated amortization5,7145,7145,7145,7143,8133,813
Goodwill5,7145,7145,7145,7143,8133,813
Prepaid expense4204204204204203,000
Restricted cash and investments2,7591341342,4977,603 
Other noncurrent assets17,19210,3325,4385,0304,2964,679
Total noncurrent assets:124,863108,70899,35498,35299,27966,327
TOTAL ASSETS:140,914134,494107,374110,787112,49374,363
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6,15310,2582,4152,6522,3821,222
Interest and dividends payable✕✕✕✕✕1,288 
Accounts payable3,7832,2611,2451,107286548
Accrued liabilities2,3707,9971,1701,545808674
Deferred revenue3051,226373   
Debt5112018213910751
Derivative instruments and hedges, liabilities 5,050    1,847
Business combination, contingent consideration, liability 1,2001,4501,450  
Other liabilities      15
Other undisclosed current liabilities1,6291,6021,4151,39824 
Total current liabilities:13,18814,4065,8355,6392,5133,135
Noncurrent Liabilities
Long-term debt and lease obligation, including:72,70556,70837,71148,95046,47778,596
Long-term debt, excluding current maturities72,70556,70837,71148,95046,47778,596
Other undisclosed long-term debt and lease obligation     (3,257)(17,183)
Liabilities, other than long-term debt3,7984,1449841,230782750
Deferred revenue625625625750750750
Other liabilities5146413632 
Operating lease, liability3,1223,4733184443,25717,183
Other undisclosed noncurrent liabilities27,96725,27522,87720,74522,11217,183
Total noncurrent liabilities:104,47086,12761,57270,92569,37196,529
Total liabilities:117,658100,53367,40776,56471,88499,664
Equity
Equity, attributable to parent, including:23,25633,96139,96734,22340,609(25,301)
Preferred stock  11111
Common stock830752665556 368
Additional paid in capital714,616709,303679,150636,963613,572513,744
Accumulated deficit(692,192)(676,096)(639,850)(603,298)(573,400)(539,414)
Other undisclosed equity, attributable to parent2111436 
Total equity:23,25633,96139,96734,22340,609(25,301)
TOTAL LIABILITIES AND EQUITY:140,914134,494107,374110,787112,49374,363

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues16,3139,6081,9911,501564541
Cost of revenue
(Cost of Product and Service Sold)		(11,163)(7,298)(2,887)(2,067)  
Gross profit:5,1502,310(896)(566)564541
Operating expenses(30,748)(25,559)(20,044)(15,996)(18,076)(12,295)
Operating loss:(25,598)(23,249)(20,940)(16,562)(17,512)(11,754)
Nonoperating income
(Investment Income, Nonoperating)		38    33
Interest and debt expense   (10,275)(8,263)(12,785)(23,920)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (7,880)(220)   
Loss from continuing operations before equity method investments, income taxes:(25,560)(31,129)(31,435)(24,825)(30,297)(35,641)
Income (loss) from equity method investments    40(942)(2,169)
Other undisclosed loss from continuing operations before income taxes(8,580)     
Loss from continuing operations before income taxes:(34,140)(31,129)(31,435)(24,785)(31,239)(37,810)
Income tax expense (11)(11)(11)(7)(10)(7)
Other undisclosed loss from continuing operations      
Loss from continuing operations:(34,151)(31,140)(31,446)(24,792)(31,249)(37,817)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(31,249)(37,817)
Net loss attributable to parent:(34,151)(31,140)(31,446)(24,792)(31,249)(37,817)
Preferred stock dividends and other adjustments(5,083)(5,106)(5,106)(5,106)(2,737) 
Net loss available to common stockholders, diluted:(39,234)(36,246)(36,552)(29,898)(33,986)(37,817)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net loss:(34,151)(31,140)(31,446)(24,792)(31,249)(37,817)
Comprehensive loss, net of tax, attributable to parent:(34,151)(31,140)(31,446)(24,792)(31,249)(37,817)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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